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Equifax gets RBI license

Equifax gets RBI license

30 Mar 2010 Hindu Business Line

Edition: Mumbai Pg: 06

Equifax Inc. a global information services company, on Monday,
announced that it has received a license from the Reserve Bank of
India to start a credit information company in India. The
Atlanta-based company is part of a joint venture with six Indian
financial institutions, namely; Bank of Baroda, Bank of India, Kotak
Mahindra Prime Ltd, Religare Finvest Ltd, Sundaram Finance Ltd and
Union Bank of India, said a press release. Equifax has operations in
over 14 countries. In India, the joint venture intends to offer
information products and services including credit information
reports, scores and analytics and collection management services, the
release added.